Pidilite Industries and HDFC Bank (ISIN: INE318A01026) have emerged as standout performers in the Indian stock market, achieving a remarkable feat of delivering positive returns every calendar year since 2015. This consistency sets them apart from over 6,500 listed companies in India.

Consistent Performance

Pidilite Industries and HDFC Bank have shown impressive resilience in their stock performance:

• In 2015, HDFC Bank rose by 14.00%, while Pidilite Industries gained 2.00%.
• Both stocks achieved their strongest performance in 2017, with gains exceeding 50.00% each.
• Even during challenging market conditions in 2018 and 2020, both companies maintained positive returns ranging between 13.00-27.00%.
• In the current year, HDFC Bank is up 9.00%, while Pidilite has risen 5.00%.

Outperformance and Recent Trends

• Between 2015 and 2019, both stocks consistently outperformed the Nifty 50 index.
• In recent years, despite maintaining positive returns, they have underperformed the benchmark.

Analyst Sentiment

HDFC Bank

• 96.00% 'buy' ratings from 49 analysts
• Consensus price target: Rs 1,115.28
• Implied upside: 14.20%

Pidilite Industries

• 61.00% 'buy' ratings from 18 analysts
• Consensus price target: Rs 3,293.11
• Implied upside: 7.80%

Valuation Metrics

HDFC Bank

• Current price-to-book ratio: 2.60 times
• Five-year average price-to-book ratio: 2.80 times

Pidilite Industries

• Current forward P/E ratio: 60.00 times
• Five-year average forward P/E ratio: 68.00 times

The consistent performance of Pidilite Industries and HDFC Bank over the past decade highlights their resilience and strong market position. While past performance does not guarantee future results, the positive analyst sentiment and current valuation metrics suggest continued interest in these stocks among market participants.

Pidilite Industries Limited, a leading manufacturer of adhesives and construction chemicals, has announced a significant corporate action that is set to benefit its shareholders. The company has declared a bonus share issue and has fixed the record date for determining eligible shareholders.

Bonus Share Details

Pidilite Industries has approved a bonus share issue in the ratio of 1:1, meaning shareholders will receive one additional equity share for every existing share they hold. This move effectively doubles the number of shares held by each shareholder without impacting their overall stake in the company.

Record Date

The company has set Tuesday, September 23, 2025, as the record date for the bonus issue. Shareholders whose names appear in the company's records on this date will be eligible to receive the bonus shares.

Shareholder Approval

The bonus share issuance received shareholder approval on September 12, 2025, demonstrating strong support for the company's decision to reward its investors.

Regulatory Disclosure

In compliance with regulatory requirements, Pidilite Industries has informed both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) about this corporate action. The company's Company Secretary, Manisha Shetty, signed the official intimation to the stock exchanges on September 16, 2025.

Impact on Shareholders

This bonus issue is likely to be viewed positively by shareholders, as it increases their shareholding without any additional cost. While the bonus issue doesn't directly impact the company's fundamentals, it often leads to increased liquidity in the stock and can be seen as a sign of the company's confidence in its future prospects.

Next Steps

Shareholders of Pidilite Industries do not need to take any action to receive the bonus shares. The company will automatically credit the additional shares to eligible shareholders' demat accounts after the record date.

Investors and market participants will be closely watching Pidilite Industries' stock performance in the coming days, as bonus issues often generate increased interest in a company's shares.